Copy of P2-6A

Copy of P2-6A - P2-6A Name: Section: Date: Req. 1 Journal...

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Unformatted text preview: P2-6A Name: Section: Date: Req. 1 Journal DATE Sept. 4 ACCOUNT TITLES AND EXPLANATION Supplies Furniture Accounts Payable Description: Billed on account Cash Serivce revenue Description: collect cash for service Land Cash Description: paid to aquire land Account Receivable Service revenue Description: promisory note from client Accounts Payable Cash Description: pay on account Utilities expense Cash Description: paid expense Cash Note receivable Description: Collect partial payment Utilities expense Cash Description: paid expense Cash Service revenue Description: collected cash for service Salary expense Cash Description: paid expense Dividends Cash Description: paid dividends DEBIT 200 1,800 2,000 1,000 1,000 15,000 15,000 600 600 1,800 1,800 120 120 500 500 110 110 1,500 1,500 1,200 1,200 2,400 2,400 CREDIT Sept. 6 Sept. 7 Sept. 10 Sept. 14 Sept. 16 Sept. 17 Sept. 24 Sept. 28 Sept. 30 Sept. 30 P2-6A Name: Section: Date: Req. 2 Cash 1,000 500 1,500 bal. Supplies 200 15,000 1,800 120 110 1,200 2,400 17,630 Accounts receivable 600 500 bal. 100 Furniture 1,800 bal. 200 Land 15,000 bal. 1,800 Accounts payable 1,800 bal. 2,000 2,000 bal. 15,000 Common Stock Dividends 2,400 bal. Service Revenue 1,000 600 1,500 3,100 2,400 Salary Expense 1,200 bal. Utilities Expense 120 110 bal. 230 bal. 1,200 P2-6A Name: Section: Date: Req. 3 Lopez Law Firm Balance Sheet Sept. 30, 20X8 ACCOUNT Cash Accounts Receivable Supplies Furniture Land Accounts Payable Dividends Service Revenue Salary Expense Utility Expense DEBIT 100 200 1,800 15,000 2,000 2,400 3,100 1,200 230 20,930 CREDIT 17,630 22,730 Req. 4 ...
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Copy of P2-6A - P2-6A Name: Section: Date: Req. 1 Journal...

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